Lloyds Enterprises Limited has informed the Exchange about a release on Acquisition of Equity Shares of Steel Infra Solutions Company Limited
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 19 Jun 2026, 04:03 PM IST · BSE ID: 5204449c-1ae9-46b5-b21d-56d2e7cd565d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company bought an additional 17.98% of Steel Infra Solutions, increasing its total ownership to about 88%.
🤖 AI Summary
- Lloyds Enterprises Limited acquired an additional 17.98% stake in Steel Infra Solutions Company Limited (SISCOL).
- This acquisition increased the overall Lloyds Group stake in SISCOL to approximately 88%.
- The transaction implies an equity valuation for SISCOL of approximately ₹1,220 crores.
- Lloyds Enterprises Limited contributed approximately ₹219 crores (~18%) for this specific 17.98% stake acquisition.
- SISCOL reported approximately ₹817 crore revenue, ₹92 crore EBITDA, and ₹44 crore PAT for FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Acquired additional stake in SISCOL
17.98%
Overall Lloyds Group stake in SISCOL post-acquisition
~88%
Implied equity valuation for SISCOL
approximately ₹1,220 crores
Lloyds Enterprises Limited's direct contribution for this acquisition
approximately ₹219 crores
SISCOL Revenue (FY26)
approximately ₹817 crore
SISCOL EBITDA (FY26)
approximately ₹92 crore
SISCOL Profit After Tax (FY26)
approximately ₹44 crore
SISCOL Order Book
approximately ₹1,134 crore
🏢 How This Affects the Company
The acquisition adds heavy structural steel fabrication capabilities, enhancing the combined business of Lloyds Enterprises and its material subsidiary LEWL in terms of scale and reach. SISCOL brings full-stack offerings including design, engineering, fabrication, and erection capabilities.
Lloyds Enterprises Limited is contributing approximately ₹219 crores (~18%) for this 17.98% stake, consolidating a ~88% group stake in SISCOL, which had an FY26 revenue of approximately ₹817 crore, EBITDA of approximately ₹92 crore, and PAT of approximately ₹44 crore.
SISCOL will continue to operate under its existing legal entity, brand identity, and leadership team, including Ravi Uppal as Chairman and Managing Director. SISCOL operates six manufacturing units with 100,000 MTPA cumulative capacity and four design and six engineering offices.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this acquisition update.
👤
Who Is Affected
Shareholders of Lloyds Enterprises Limited are affected as the company has deployed approximately ₹219 crores for this acquisition, consolidating a larger stake in SISCOL.
🔍
Management Signal
The decision indicates management's intent to strengthen and expand the company's position in the structural steel fabrication sector through strategic investments and increased control over acquired entities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Future financial results of Lloyds Enterprises Limited — observe integration and contribution of SISCOL.
Updates on SISCOL's order book execution and project pipeline expansion.
Any further announcements regarding changes in SISCOL's operational structure or capacity utilization.
LOW RISK
The filing reports a completed acquisition, providing clarity on the transaction details and stake acquired.
💡 Investor Takeaway
Lloyds Enterprises Limited acquired an additional 17.98% stake in Steel Infra Solutions Company Limited for approximately ₹219 crores, increasing overall group holding to ~88%. SISCOL reported FY26 revenue of approximately ₹817 crore, EBITDA of ₹92 crore, and an order book of approximately ₹1,134 crore.
⚖️ Strengths & Concerns
✅ Positives
- The acquisition strengthens the group's holding in SISCOL to approximately 88%, providing significant control over an entity with a ₹1,134 crore order book.
- SISCOL brings robust infrastructure with 100,000 MTPA cumulative manufacturing capacity and in-house design and engineering capabilities across multiple offices.
📅 Company Track Record
A previous filing on June 18, 2026, indicated Lloyds Enterprises acquired 88.12% of Steel Infra Solutions for about Rs. 1,073.40 Cr. This current filing provides additional details on the acquisition.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What stake did Lloyds Enterprises Limited acquire in Steel Infra Solutions Company Limited?
Lloyds Enterprises Limited acquired an additional 17.98% stake in Steel Infra Solutions Company Limited (SISCOL).
What is the total group holding in SISCOL after this acquisition?
The overall Lloyds Group stake in SISCOL has consolidated to approximately 88% after this acquisition.
What was the direct contribution from Lloyds Enterprises Limited for this acquisition?
Lloyds Enterprises Limited contributed approximately ₹219 crores (~18%) for this specific 17.98% stake acquisition.
What were Steel Infra Solutions Company Limited's financial results for FY26?
For FY26, SISCOL reported revenue of approximately ₹817 crore, EBITDA of approximately ₹92 crore, and profit after tax of approximately ₹44 crore.
Will the existing leadership team of Steel Infra Solutions Company Limited remain?
Yes, SISCOL will continue to operate under its existing leadership team, with Ravi Uppal remaining as Chairman and Managing Director.
Questions based on this BSE filing only. For information purposes.